Whether development indices affect economic growth: a cross-country analysis

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Küçük Resim

Tarih

2016-11-23

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Elsevier Science BV

Erişim Hakkı

info:eu-repo/semantics/openAccess

Özet

This study aims to examine the relationship between economic growth and highly featured development indices using a cross sectional data of 12 countries from both developed and developing world between the years 2000 and 2013. The indices of corruption, democracy, freedom of press, human development, global competitiveness, economic freedom, and the featured development indicators of World Bank such as average schooling years, life expectancy, female labour force participation rate, health expenditures rate in GDP, export rate of high technology, and employment rate are used to investigate the relationship in between economic growth and development indices. In order to exploit this relationship, all individual indices are reformed to produce form a single index, what we call harmonic index. The findings show that the higher scores of harmonic Index are associated with higher GDP per capita all levels except Saudi Arabia.

Açıklama

Anahtar Kelimeler

Economic growth, Development index, Development indicator, Harmonic index

Kaynak

5th Istanbul Conference of Economics and Finance

WoS Q Değeri

N/A

Scopus Q Değeri

Cilt

38

Sayı

Künye

Teker, S. & Güner, A. (2016). Whether development indices affect economic growth: a cross-country analysis. Paper presented at the 5th Istanbul Conference of Economics and Finance, 38, 340-346. doi:10.1016/S2212-5671(16)30206-4